Answer:
$187.395
Step-by-step explanation:
lets use the formula I=PRT
where I=interest
P=principal
R=rate
t=time
so the principal here is 150
we can get the rate by doing: 8.31/100
0.0831=rate
time=3
so
i=150*0.0831*3
i=37.395
to find the Total we need to add our interest to our principal:
37.395+150=187.395
Total=187.395
